TMRR, in its newly published market study, elaborates on the numerous factors that are expected to shape the growth of the Identity Governance and Administration market in the upcoming years. The presented business intelligence report aims to provide readers a thorough understanding of the latest developments and innovations that have taken place in the Identity Governance and Administration market space in recent years. The micro and macro-economic factors that are likely to define the course of the Identity Governance and Administration market in the upcoming years are analyzed in detail.
The study projects that the Identity Governance and Administration market is expected to grow at a CAGR of ~XX% during the forecast period (2019-2029) and attain a value of ~US$XX by the end of 2029. The market analysis touches upon the pricing strategies, revenue growth, and product lines of some of the most prominent players operating in the current Identity Governance and Administration market landscape.
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Critical Data Included in the Report
- Product launches and product development activities
- Technological developments in the Identity Governance and Administration market space
- Qualitative and quantitative analysis of the various segments and sub-segments of the Identity Governance and Administration market
- Company profiles of leading players in the Identity Governance and Administration market
- The scenario of the Identity Governance and Administration market in various regions
The regional analysis section offers a detailed assessment of the current and future prospects of the Identity Governance and Administration market across various regional markets including:
The report offers an in-depth understanding of the various applications of the Identity Governance and Administration including:
The consumption volume and pattern of the Identity Governance and Administration across various end-use industries are accurately mapped in the presented report.
The demand for identity governance and administration systems are increasing across the globe as it help business leaders to achieve agility in their firm. The increasing demand of security and reduce frauds in the organization is expected to drive the global identity governance and administration market in the upcoming years. Apart from this, identity governance and administration systems also provides businesses with numerous supplementary functions, including auditing and policy management. Owing to this, their adoption by business leaders across industries, is fuel the market. The increasing level of investments by public/ private capital holders in the development of enterprise friendly IGA platforms is another strong factor likely to boost the global identity governance and administration market.
On the flipside, higher cost of these devices are expected to restrict small and mid-players form the adoption of identity governance and administration solutions. However, increasing number of end users for identity governance and administration systems are expected to boost the global market in the forecast period. Along with this, an increase in the number of data breaches, and looming legislation around General Data Protection Regulation (GDPR) in May are offering several opportunities to the identity governance and administration during the forecast period.
Identity Governance and Administration Market: Geographical Outlook
Regionally, North America is the largest contributor to the global identity governance and administration market in 2018. The same is expected to continue in the upcoming year as well because of the rising adoption of identity governance and administration solution and services in the region. The enterprises in the region have been an early adopter of advanced security solutions and practices. Most identity governance and administration vendors, have a direct or an indirect presence in this region via system integrators, distributors, and resellers.
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Key Questions Related to the Identity Governance and Administration Market Answered in the Report
- What is the projected size of the Identity Governance and Administration market in 2029?
- Which end-use industry is expected to dominate in terms of market share and size over the forecast period?
- How are the evolving regulatory policies influencing the dynamics of the market?
- Who are the leading players operating in the current landscape of the Identity Governance and Administration market?
- Which regional market is expected to witness the highest CAGR growth over the forecast period?
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This post was originally published on Space Market Research